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Latest oil field Stories

2014-09-10 04:20:34

HOUSTON, Sept. 10, 2014 /PRNewswire/ -- Four attorneys from Burleson LLP's Houston location will present a two-day seminar on crucial elements of midstream oil and gas contracts of interest to non-lawyers. http://photos.prnewswire.com/prnvar/20130108/DA38500LOGO The event, which will be held on Sept. 15 and 16 at the Hotel ICON in Houston, will highlight strategies for avoiding legal risks and critical insights for negotiating and creating clear, workable agreements. Sessions will cover a...

2014-09-02 16:22:36

HOUSTON, Sept. 2, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) and Weatherford International plc (NYSE: WFT) today announced that they have closed the previously announced purchase and sale of Weatherford's pipeline and specialty services business. http://photos.prnewswire.com/prnvar/19990308/WEATHERFORDLOGO The acquisition provides Baker Hughes with an expanded range of pre-commissioning, deepwater and in-line inspection services worldwide. The addition of over 700...

2014-08-18 08:23:03

HOUSTON, Aug. 18, 2014 /PRNewswire/ -- Intervale Capital ("Intervale") has acquired Recapture Solutions, LLC ("Recapture") from Triten Corporation. Recapture provides flare reduction and natural gas power solutions to oil and gas production companies in the Permian, Williston (Bakken) and DJ (Niobrara) basins. Intervale is a private equity firm which invests exclusively in oilfield manufacturing and service companies. In association with the transaction, Jason Arnoldy has been named...

2014-08-06 08:25:07

HOUSTON, Aug. 6, 2014 /PRNewswire/ -- PacWest Consulting Partners is pleased to announce the release of its latest report - WellIQ. WellIQ provides a detailed analysis and forecast of drilling & completion (D&C) activity in North America, with regional analysis of rig counts, well spuds, wells frac'ed, frac stages, drilling days/well, and multi-well pad penetration for the US and Canadian markets. Due to its comprehensive scope, the upstream oil/gas industry has quickly...

2014-07-11 08:22:01

- Well count increases 4.3% compared to the second quarter 2013 HOUSTON, July 11, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the U.S. onshore well count for the second quarter 2014 was 9,394 wells, up 428 wells or 5% compared to the first quarter 2014. Compared to the second quarter 2013, the well count was up 383 wells or 4%. Compared to the first quarter 2014, the well count increased most notably in the Permian basin (up 265 wells or 11%),...

2014-07-08 08:21:59

HOUSTON, July 8, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for June 2014 was 1,336, down 14 from the 1,350 counted in May 2014, and up 3 from the 1,333 counted in June 2013. The international offshore rig count for June 2014 was 314, down 12 from the 326 counted in May 2014, and down 23 from the 337 counted in June 2013. The average U.S. rig count for June 2014 was 1,861, up 2 from the 1,859 counted in May 2014, and...

2014-06-06 08:21:32

HOUSTON, June 6, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for May 2014 was 1,350, up 1 from the 1,349 counted in April 2014, and up 67 from the 1,283 counted in May 2013. The international offshore rig count for May 2014 was 326, down 3 from the 329 counted in April 2014, and down 1 from the 327 counted in May 2013. The average U.S. rig count for May 2014 was 1,859, up 24 from the 1,835 counted in April 2014, and...

2014-05-20 12:24:59

HOUSTON, May 20, 2014 /PRNewswire/ -- Bob Ballentine, a partner in Burleson LLP's Houston office and head of its midstream oil and gas practice, will speak on Wednesday, May 21 at the Texas Lawyer Energy Summit in Houston. http://photos.prnewswire.com/prnvar/20140520/89501 The event is designed to provide best practices to in-house counsel and private practice attorneys on a broad range of legal concerns impacting the energy industry. Mr. Ballentine's presentation is titled...

2014-05-19 12:23:04

BURNABY, British Columbia, May 19, 2014 /PRNewswire/ -- Saudi Arabia has Planned Various Major Projects Over Next 5-10 Years on Account of Surging Demand for Oil and Gas in Domestic as Well as International Markets Specialty and commodity oilfield chemicals are used during various stages of oil and gas production. Oilfield chemicals are segmented on the basis of their use in oil or gas production. Consequently, they are divided into drilling fluid chemicals, cementing...

2014-04-28 12:24:15

MUMBAI, India, April 28, 2014 /PRNewswire/ -- Bharat Book Bureau presents Saudi Arabia Oilfield Chemicals Market Forecast and Opportunities, 2019. Oilfield chemicals are commodity or specialty chemicals used in drilling, production and transportation processes in oil or gas exploration. Various chemicals used in these processes impart different properties to fluids, improving oil production and process efficiency. Drilling fluid chemicals account for highest share in the Saudi...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'